SIA "Baltic Napkins"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 115 250 € (47% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2015–2025
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||
| Total current assets | 2527 | 2228 | 1300 | 3488 | 14 889 | 29 526 | 68 083 | 128 059 | 180 753 | 194 502 | 222 400 |
| Total non-current assets | 12 893 | 11 270 | 8015 | 13 215 | 17 333 | 34 350 | 45 253 | 36 645 | 65 590 | 95 740 | 127 567 |
| Total assets | 15 420 | 13 498 | 9315 | 16 703 | 32 222 | 63 876 | 113 336 | 164 704 | 246 343 | 290 242 | 349 967 |
| Balance sheet — liabilities and equity | |||||||||||
| Current liabilities | 5656 | 7589 | 11 744 | 16 870 | 5710 | 9699 | 17 254 | 12 730 | 19 917 | 29 524 | 48 053 |
| Non-current liabilities | 13 782 | 10 974 | 7503 | 2168 | 0 | 9657 | 8504 | 0 | 6081 | 15 040 | 43 086 |
| Total liabilities | 19 438 | 18 563 | 19 247 | 19 038 | 5710 | 19 356 | 25 758 | 12 730 | 25 998 | 44 564 | 91 139 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -6038 | -1047 | -4867 | 7597 | 28 847 | 18 008 | 43 058 | 81 666 | 99 741 | 107 552 | 128 400 |
| Total equity | -4018 | -5065 | -9932 | -2335 | 26 512 | 44 520 | 87 578 | 151 974 | 220 345 | 245 678 | 258 828 |
| Income statement | |||||||||||
| Sales revenue | 7466 | 24 951 | 16 943 | 48 071 | 118 376 | 159 895 | 277 363 | 379 473 | 568 114 | 799 193 | 953 501 |
| Operating profit | -3184 | 1771 | -2624 | 9778 | 29 973 | 19 211 | 44 888 | 86 909 | 100 544 | 109 632 | 130 867 |
| Profit before income tax | -5364 | -1047 | -4867 | 7597 | 28 847 | 18 008 | 43 058 | 85 984 | 99 741 | 107 552 | 128 400 |
| Profit for the reporting year | -6038 | -1047 | -4867 | 7597 | 28 847 | 18 008 | 43 058 | 81 666 | 99 741 | 107 552 | 128 400 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||
| Employees | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 7 | 8 | 9 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 17 270 | 31 370 | 82 219 | 115 250 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "Baltic Napkins"
Overview
SIA "Baltic Napkins" (reg. no. 43603068975) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Ogres nov., Ikšķile, Lībiešu iela 59.
Financial results
Revenue in 2025 was 953 501 €, up 19,3% on the previous year (799 193 €). From 2015 to 2025, revenue grew by an average of 62,4% per year. This is the company's highest revenue among the published years (2015–2025). Net profit for 2025 was 128 400 € (13,5% of revenue). The company was profitable in 8 of the 11 published years. In 2025 the company had 9 employees (8 a year earlier). Revenue per employee was 105 945 €. At the end of 2025, total assets were 349 967 € and equity 258 828 € (74,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.